Pressmeddelande -
Carbon removal frontrunner Patch team up with Doconomy
Stockholm /San Francisco October 21st, 2021:
Based in San Francisco, USA, Patch is an API-first platform that enables companies to programmatically purchase carbon removal and offsets. Stockholm-based impact tech pioneer Doconomy will work together with Patch to provide banks and financial services providers with tools to measure and manage carbon emissions impact through carbon removal technology projects.
With this partnership, Doconomy will complement their offsetting solution by providing their clients on 20 global markets with the ability to offer carbon removal projects via the embedded Patch API. Building awareness, creating easy to use-solutions and offering a variety of negative emissions alternatives will drive everyday climate action further.
“Many financial services providers are eager to lead consumers in climate action, but you can’t neutralize what you haven’t measured.” said Patch Co-founder & CEO Brennan Spellacy. “Through this partnership with Doconomy, users will be empowered to both understand the impact of their purchases and spending and turn those insights into climate action by seamlessly purchasing carbon removal or offsets.”
The urgent need, as well as engagement to act on the climate crisis, are growing. As the need grows more and more ambitious and creative innovations are presented - supporting corporations and individuals to be part of the solution. In every area of society and business ambitious forerunners are showing the world that there is no one silver bullet solution to cling on to - there are, and need to be, many. Great collaborations are at the core of most of them. .
“As the offset market continues to expand it is of utmost importance that the increased demand is steered towards projects of high quality with real, verifiable, impact that lasts over time.” said Doconomy CEO Mathias Wikström. “The Patch partnership will allow us to broaden our offset offering and enable our customers to support carbon removal in new tech- and nature-based solutions that are rooted in the most recent research.”
For more information, please contact:
Masse Benesch, Doconomy Head of Communication
+46 733 14 14 34
Ämnen
About Doconomy
Doconomy, founded in Sweden in 2018, is a world-leading provider of applied impact solutions. Doconomy wants to future-proof life on planet earth by empowering individuals and corporations to take responsibility for their environmental footprint. Firmly believing that the climate crisis can only be solved as a collective, Doconomy is also a partner of the United Nations Framework Convention on Climate Change (UNFCCC), Mastercard, S&P Trucost, and the World Wildlife Fund (WWF).
About Patch
Patch is an API-first carbon removal marketplace that enables companies to seamlessly purchase as little as a gram of carbon removal from individual projects. This micro-transaction access enables businesses of all sizes to work with carbon removal projects and neutralize emissions with the granularity required by embedded carbon removal use cases, such as carbon neutral shipping, travel, and climate positive financial services products. As an API-first platform, Patch aims to create a future where every commerce transaction, every swipe of a credit card, retail delivery, and bitcoin purchase can have its unavoidable emissions automatically neutralized.
